Engulfing Pattern EA MT4

Engulfing Pattern EA – Your Customizable Trading Companion

Disclaimer: This EA is not optimized and is designed for traders who wish to adjust and optimize it according to their own trading preferences.

Overview Engulfing Pattern EA is a fully automated trading system based on one of the most recognized candlestick patterns in technical analysis – the Engulfing Pattern. This EA is built to identify strong market reversals and execute trades with pre-defined risk management parameters.

Designed with flexibility in mind, this EA allows traders to customize settings and optimize their strategy based on market conditions. Whether you are trading Forex, Indices, or Commodities, the Engulfing Pattern EA provides a structured framework for trading based on price action.

Trading Strategy The EA scans the market for Bullish and Bearish Engulfing Patterns on each new bar. Here’s how it works:

Bullish Engulfing Trade

The EA identifies a situation where a bullish candle fully engulfs the previous bearish candle. It executes a buy trade at the opening of the next candle, expecting an upward movement. Stop Loss (SL) and Take Profit (TP) levels are set based on customizable parameters. Bearish Engulfing Trade

The EA detects a bearish engulfing pattern, where a bearish candle fully engulfs the previous bullish candle. A sell trade is executed at the next candle's open, anticipating a downtrend. SL and TP levels are applied according to user-defined settings.

Key Features Fully Automated Trading – No manual intervention required. The EA scans the market and places trades automatically. Customizable Lot Size & Risk Management – Traders can adjust lot sizes, stop loss, take profit, and money management settings. Market Validation Checks – The EA verifies broker constraints such as minimum lot size, stop levels, and margin requirements before placing trades. Trade Frequency Control – A built-in delay mechanism ensures a minimum number of bars between trades to prevent overtrading. Notifications & Alerts – Choose to receive alerts via sound, pop-ups, or push notifications. Smart Stop Loss & Take Profit Adjustment – Automatically adjusts levels to comply with broker requirements. Detailed Logging & Debugging – Keep track of trade execution and system status through log messages.

Who Should Use This EA? Traders who want to trade the Engulfing Pattern with a rule-based approach. Those looking for a customizable EA they can optimize for their specific trading style. Traders who value strict risk management and automatic validation of trade conditions.

Important Notes This EA is not optimized by default. It is intended for traders who understand how to adjust and optimize settings for different market conditions. Backtesting and forward testing on a demo account are highly recommended before using it on a live account.


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Saints Row Aggressive Scalper é um Expert Advisor de trading de alta frequência (HFT) criado para traders que exigem execução rápida, entradas precisas e desempenho consistente em mercados voláteis. Projetado especificamente para XAUUSD (Ouro) e USTEC (NASDAQ), este EA é desenvolvido para capitalizar movimentos rápidos de preços usando uma abordagem de scalping precisa e agressiva. Funciona excepcionalmente bem durante a sessão de Nova York, onde a liquidez e a volatilidade criam condições de t
Big Forex Players MT4
MQL TOOLS SL
4.73 (45)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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Lachezar Krastev
4.47 (51)
ULTIMATE SALE! Get Forex GOLD Investor with a huge –60% discount ! Special Ultimate Price: $217 (Regular Price: $547 — You Save $330!) Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems . The first one is based on scalping trading strategy, the second system has time based dependency which opens up to 2 trades at a time and the third system is based on breakout strategy. It has been t
TW Sniper EA – Expert Advisor de Scalping de Ouro para Trading de Tendência XAUUSD TW Sniper EA MT4 é um avançado Expert Advisor de Forex para negociação de ouro, construído com lógica precisa baseada em tendências para entregar desempenho estável mesmo em condições de mercado altamente voláteis. Este poderoso robô de scalping de ouro foca em operar XAUUSD durante sessões-chave, garantindo crescimento consistente enquanto mantém rigoroso controle de risco e gestão profissional de capital. Com s
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Vasiliy Strukov
5 (1)
O EA Sweet Dreams é um sistema de negociação de acompanhamento de tendência baseado em um indicador próprio. Ele segue uma estratégia de grade martingale. Este EA é adequado para qualquer par de moedas e qualquer período gráfico, porém apresenta um desempenho excepcional em instrumentos com forte tendência, como o XAUUSD no período gráfico de 15 minutos (M15). Os resultados em tempo real podem ser   vistos aqui. Contate-me imediatamente após a compra para obter um bônus pessoal! Configurações e
Hello All, good news, the very famous Bitcoin Wizard version 1.6 is now available on the mql5 website which works very smoothly. Bitcoin Wizard – Automated Bitcoin Trading System Bitcoin Wizard is an advanced automated trading system designed specifically for Bitcoin trading . It identifies strong market momentum by analyzing high–low price levels within specific periods and executes pending orders to capture breakout opportunities. Built for traders who want a fully automated solution , Bitcoin
Pattie US30 Crossover EA
Patrick Jeannot
5 (1)
Pattie US30 CrossOver EA is Easy to use and supervise Fully customizable moving average settings It implements two different trading behaviors Customizable break-even, SL, TP and trailing-stop Works for ECN/Non-ECN brokers Works for 2-3-4-5 digit symbols Trading can be NFA Compliant Trades can be closed on opposite signals Filter trading by weekdays and hours Built-in money management (Coming Soon) The EA implements four different behaviors: Regular: Buy on bullish crossovers and sell on bearis
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
O EA MULTI SNIPER é um sistema de negociação automático preciso com cerca de 90% de precisão para a plataforma MT4. Este EA de scalping lucrativo é realmente um dos sistemas mais estáveis ​​do mercado atualmente.   No grid! No martingale! É um produto original oferecido apenas neste site MQL5. Baixe os arquivos EA Set_files para teste e negociação:   GBPAUD Set_file   GBPCAD Set_file - Implementação do método de juros compostos e técnicas de scalping. - O sistema define o SL dinâmico automati
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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AL MOOSAWI ABDULLAH JAFFER BAQER
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